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Dec 27, 2012
12/12
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KGO
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it's a message to urge lawmakers to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home theaters. >>> meanwhile, when we come back, travelers weren't the only ones fed up with holiday deals. what an angry pilot had to say to his passengers about the matter. >>> also, proof that you do not have to be a kid to get excited over your christmas present. you really have to stay tuned for this. the family behind this viral video is sharing their joy. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew
it's a message to urge lawmakers to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in...
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Dec 30, 2012
12/12
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WBAL
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. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. some people aren't going to like it. some people will like it less but that's where we are. >> majority leader harry reid and min
. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. problem and solve it now. >> all over the country...
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Dec 24, 2012
12/12
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WBAL
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happens next. >> our republican colleagues, by refusing to go along with revenues are risking the fiscal cliff. the big chance for a big deal is at the debt ceiling. that is when we will have leverage to turn the country around, prevent it from becoming greece and save social security and medicare. >> before leaving for hawaii for the holidays, obama urged congress to come up with a deal before the christmas break. many spent today navigating the parking lots of packed stores and shopping malls for final gifts. some had a really good reason for hitting the stores in these final hours before christmas. >> i have a baby that is due christmas morning. so i came out here to do some last-minute shopping. it is tough to shop during the holidays, especially right before christmas because, again, you miss out on deals. >> a recent poll found 132 million people had not finished their holiday shopping and 26 million had not even began. many retailers will be open christmas eve late to accommodate them. the pope spoke in a number of languages today in vatican city. he encouraged people to look beyo
happens next. >> our republican colleagues, by refusing to go along with revenues are risking the fiscal cliff. the big chance for a big deal is at the debt ceiling. that is when we will have leverage to turn the country around, prevent it from becoming greece and save social security and medicare. >> before leaving for hawaii for the holidays, obama urged congress to come up with a deal before the christmas break. many spent today navigating the parking lots of packed stores and...
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Dec 29, 2012
12/12
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MSNBCW
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from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a cliff compromise, something that the house and the president has failed to do so is far. the president has tasked senator majority leader harry reed. >> i have asked senator reed to do it, put a by on the floor to make sure that taxes on middle class families do not go up. and unemployment insurance is still available for two million people and lays the groundwork for economic growth and deficit reduction. >> everything that has been happening in the last several hours has been happening behind the scenes. we have correspondents tracking ever
from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a...
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Dec 30, 2012
12/12
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FOXNEWSW
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 30, 2012
12/12
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FOXNEWSW
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cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the world. it is not just the force in afghanistan that is being reduced. it would impact on the training of the force. and its preparedness to conduct other operations. >> white house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have sig
cliff there was a word he did not say. that word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get...
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Dec 27, 2012
12/12
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CSPAN
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the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. so it's a continuation of a steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we have to recognize that negotiating away from what has been a striking departure from just protecting the mortgage interest deduction, property ownership. any breach to that invites further breaches. our members, even though they recognize the deck is a need to be resolved, any breach will lead to further coming back, loring the income limit. -- lowering the income limit. we have to recognize many of the second homes are in places like michigan, wisconsin, arkansas, where people are looking for a weekend fishing lodge. very not the hamptons or expensive homes in beverly hills. many homes are scat
the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. so it's a continuation of a steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest:...
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Dec 31, 2012
12/12
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KPIX
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you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>> checking bay area headlines, the police are searching for the person who mugged a woman and killed had her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob her and then grabbed her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video of the area and offering $1,through reward for information. >>> and fremont police chief, for the past 20 years, leaves his post today. steckler spent four decades in law enforcement. he was criticize inside 2005 for ending the police response for burglar alarms. he will stay on as a
you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>>...
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Dec 24, 2012
12/12
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FBC
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but there's a lot of trading concerns about the fiscal cliff. again, a lot of people are already on vacation this trading day ends at 1 p.m. today. so we only have a half day of trading, but the market is down and worries about the fiscal cliff and as we mentioned before, perhaps worries about impending strike with longshoremen along the east coast and the gulf coast, so we'll keep a sharp eye on that. let's check the price of oil, it's down as well today. off about 50 cents and it had been off 30 cents and continuing to go down again, perhaps because of concerns about a slowing economy, if in fact, we do go over the fiscal cliff. well, since the the horrific shooting in connecticut we've heard lots of ideas on how to keep our children safer, but what do the people really want? scott rasmussen joining us now with a look at his latest polls on these issues. scott, good to see you. in general, i imagine the move in favor of gun control is increasing, correct? >> it has. in fact. 47% say they want stricter gun control laws at the highest level of s
but there's a lot of trading concerns about the fiscal cliff. again, a lot of people are already on vacation this trading day ends at 1 p.m. today. so we only have a half day of trading, but the market is down and worries about the fiscal cliff and as we mentioned before, perhaps worries about impending strike with longshoremen along the east coast and the gulf coast, so we'll keep a sharp eye on that. let's check the price of oil, it's down as well today. off about 50 cents and it had been off...
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Dec 28, 2012
12/12
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KPIX
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cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >> definitely. we're seeing a lot of consumer impact from this, just because of the large budget cuts expected to go through, if we do in fact go off the cliff and of course, there's a lot of variation here it's up to each individual agency to decide how it's going to cut but when we talk to people in the industry they just have a lot of the worst case scenarios almost that could come to play that really do affect consumers. >> there's the farm bill on the edge here as well which could significantly impact milk prices. they're talking about the pot
cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >>...
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Dec 31, 2012
12/12
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WBAL
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if we fall off the fiscal cliff. maryland will lose $178 million in funding next year. economists say to make up for it, the state will have to make cuts. >> it will be a challenge to make the ends meet. >> the greater economic impact could be huge hit in sales and income revenue. the state would lose about $268 million in 2013 and another million in 2014. >> small business innovation. these are tied up in those revenues. >> the already struggling job market would take a hit. >> the 53,000 -- the 53,000 jobs is conservative, but other people believed it could be higher. >> a tax is designed to be paid by the rich. if we go over the fiscal cliff, many middle-class families will be paying the tax because maryland is a high income state overall. a lot of people here will be affected. ♪ >> the ravens get to play in the wildest week of the season, literally. >> it is the weekend. they have qualified for it. they are the healthiest since earlier in the season. mostly a game of back up from baltimore. first career touchdown. he is out of georgia tech. out of virginia tech, f
if we fall off the fiscal cliff. maryland will lose $178 million in funding next year. economists say to make up for it, the state will have to make cuts. >> it will be a challenge to make the ends meet. >> the greater economic impact could be huge hit in sales and income revenue. the state would lose about $268 million in 2013 and another million in 2014. >> small business innovation. these are tied up in those revenues. >> the already struggling job market would take a...
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Jan 1, 2013
01/13
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WUSA
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. >> fiscal cliff frustration. the fate of your next paycheck sits with the house of representatives. the senate passed a bill early this morning, but the house republicans, including the majority leader say that they need to see more spending cuts on the table. vice president joe biden is trying to broker a deal in the house the same way he did in the senate. reporter danielle nottingham with more. >> reporter: house gop members left closed
. >> fiscal cliff frustration. the fate of your next paycheck sits with the house of representatives. the senate passed a bill early this morning, but the house republicans, including the majority leader say that they need to see more spending cuts on the table. vice president joe biden is trying to broker a deal in the house the same way he did in the senate. reporter danielle nottingham with more. >> reporter: house gop members left closed
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Dec 31, 2012
12/12
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FOXNEWSW
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we will get the next report next week for december and we hope the fiscal cliff does not thwart this but the underlying health of the economy is as good as its has been, do you agree, the laugh year or two? >>guest: well, it has been a bad one or two years, so, yes, if you look at it, i agree, it is half full. the glass needs to be a lot more full to keep stocks up at this level. >> we do not want to get ahead of ourselves and i was trying to be bullish on the economy because economists are looking for a downgrade next quarter at 2 percent growth but we have to go back to what happened after tarp, there was so much commotion and people were so concerned about that and the markets sold off and they sold off deeper but came back big. >>guest: over a series of years from 6,000 to 10,000 in the dow over a month and it took several years to get back. we have extended unemployment benefits for yet another year. we are barely bumping across the bottom and the great thing of our stock market we have companies representing america around the world so caterpillar was up big. we do not want to
we will get the next report next week for december and we hope the fiscal cliff does not thwart this but the underlying health of the economy is as good as its has been, do you agree, the laugh year or two? >>guest: well, it has been a bad one or two years, so, yes, if you look at it, i agree, it is half full. the glass needs to be a lot more full to keep stocks up at this level. >> we do not want to get ahead of ourselves and i was trying to be bullish on the economy because...
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Dec 28, 2012
12/12
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FOXNEWSW
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cliff there will be 1.2 trillion dollars in tax cuts over ten years which is $110 billion every year. so we go for the $110 billion for year one and what happens is next year congress decides to do what it wants anyway and scraps whatever plan it had in effect for the nine years anyway. so we pretend we have the big ten year plans but they never turn out to be ten year plans at all. >> that's true. but there is something looming in a month and a half and they will have to do something with the debt ceiling. whether debt ceiling should happen, whether or not we should even have something as the debt ceiling but we do and the democrats and the president have to do something about it. they know how strong it is. the republicans have a very, very powerful card to get what they want, which is basically a reduction in massive expenditures. we are up to $17 trillion in debt and something has to be done. and it has to be done quickly. and if it's not done properly, that's why i hate plan b and plan c and all of these minor plans, these little step plans. they should negotiate a real plan. th
cliff there will be 1.2 trillion dollars in tax cuts over ten years which is $110 billion every year. so we go for the $110 billion for year one and what happens is next year congress decides to do what it wants anyway and scraps whatever plan it had in effect for the nine years anyway. so we pretend we have the big ten year plans but they never turn out to be ten year plans at all. >> that's true. but there is something looming in a month and a half and they will have to do something...
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Dec 26, 2012
12/12
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CNBC
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so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here with you this morning. don't forget to tune in to cnbc.com every tuesday and thursday at 1:00 p.m. eastern for my show, "futures now." "squawk box" is up next. >> have a great morning. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you n
so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here...
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Dec 28, 2012
12/12
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KTVU
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obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink just over three and a half%. average earners 4% and top earners 6%. >> another sign the housing market is improving, the national association of realtors says pending home sales rose last month to the highest level in 2 and a half years. pending sales rose nearly 2% in november and that's the third month in a row it's gone up. >> amazon had a green christmas season. they announced the 2012 holiday sales were the biggest ever. they had several reco
obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on...
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Dec 27, 2012
12/12
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WBAL
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hoping to get a deal in the next few days to avoid going of the fiscal cliff. hallie jackson has more. >> the treasury is making moves. otherwise we have the debt limit on monday. that is the last day of fiscal cliff talks. the president departed hawaii to return to washington, where it is not just the temperature that is chillier. talks cooled over the holidays over how to avoid the massive tax hikes. they are set to begin in just a few days. >> taxes are going to go up no matter what. they could go up a lot more, and that is where the political hit comes. >> house republicans point the finger at the other chamber, saying the senate must act on a bill to avoid the fiscal cliff. a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them in
hoping to get a deal in the next few days to avoid going of the fiscal cliff. hallie jackson has more. >> the treasury is making moves. otherwise we have the debt limit on monday. that is the last day of fiscal cliff talks. the president departed hawaii to return to washington, where it is not just the temperature that is chillier. talks cooled over the holidays over how to avoid the massive tax hikes. they are set to begin in just a few days. >> taxes are going to go up no matter...
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Dec 27, 2012
12/12
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KGO
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the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may not add up this year. >> it's very difficult to do any type of tax planning and advising because nobody knows what is going to happen. >> much uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens would it mean the end of the tear tax cuts. most believe taxes will go up next year. >> one of the things now is that people are advising people to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction for chairitable c
the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may...
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Dec 31, 2012
12/12
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WJLA
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the fiscal cliff deadline is just hours away and no deal. how high will taxes go? >> some homes in the prince william counties area will not be getting a local newspaper anymore. i will have details coming up. >> thank you. 2013 with these live pictures has started in some parts of the world. they are ringing in the new year with the big fireworks display right now in new zealand. beautiful display. good morning, washington. i am scott newman. i's check out our new your forecast. >> it is a pretty decent look at 2012. it 2013 not quite as gray. most of the week should be fine. we have the clouds pushing in from the west. they will slowly increase throughout the day today. i think we will have a lot of filtered sun shine through the morning hours. 21 in manassas. at 24, dulles. 30, d.c. we will warm up throughout the day into the low to mid 40's. right about where we should be for this time of year. more on a wintry mix shortly with the seven-day forecast. let's see how things are moving this morning. a few accidents. >> that right. the major accident is in virginia
the fiscal cliff deadline is just hours away and no deal. how high will taxes go? >> some homes in the prince william counties area will not be getting a local newspaper anymore. i will have details coming up. >> thank you. 2013 with these live pictures has started in some parts of the world. they are ringing in the new year with the big fireworks display right now in new zealand. beautiful display. good morning, washington. i am scott newman. i's check out our new your forecast....
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Dec 26, 2012
12/12
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FBC
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but remember this, the fiscal cliff is a made-for-tv drama. the debt limit is real. gerri: yes, it is real. tomorrow the gop members will have a conference call about what to do next. what do you think you can accomplish? speaker boehner is probably stuck in ohio because the weather is so bad. a lot of yourself, who may not be able to get back to washington. >> that's right, i have a 6:00 o'clock flight booked every for the next several days, and it's just a matter what happens with this storm that came through here on christmas day. what it is doing in washington dc tomorrow. gerri: what you think will be accomplished in a conference call tomorrow? >> honestly, i do not know. this was a surprise that we got. but we knew we were going to be given 48 hours notice to come back to the capital. so i suspect that's a conference call is. gerri: you guys should stay until the problem is solved. there's nothing wrong with working weekends, my friend. it's always great to have you on the show. you are always so patient with my questions. thank you so much, congressman. it's g
but remember this, the fiscal cliff is a made-for-tv drama. the debt limit is real. gerri: yes, it is real. tomorrow the gop members will have a conference call about what to do next. what do you think you can accomplish? speaker boehner is probably stuck in ohio because the weather is so bad. a lot of yourself, who may not be able to get back to washington. >> that's right, i have a 6:00 o'clock flight booked every for the next several days, and it's just a matter what happens with this...
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Dec 28, 2012
12/12
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WUSA
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the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be wat
the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has...
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127
Dec 27, 2012
12/12
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CNNW
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." >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come "outfront" to talk specifics. plus, arizona's attorney general backs a plan reminiscent of the nra to arm school principles. does more guns in schools begin to add up? and the biggest political fumbles. the best of the worst from our the best of the worst from our politicians. -- captions by vitac -- www.vitac.com >>> i'm in for erin burnett. "outfront" tonight, christmas is over. washington back to work. the countydown is on. the clock is ticking. you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not trying to be a grinch here. i hope everyone's had a merry, merry christmas. just like the president prescribed. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the la
." >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come "outfront" to talk specifics. plus, arizona's attorney general backs a plan reminiscent of the nra to arm school principles. does more guns in schools begin to add up? and the biggest political fumbles. the best of the worst from our the best of the worst from our...
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. >> they want that vote on the fiscal cliff. still the employee of the month and thank you so much. next, breaking with boehner. a month ago, oklahoma congressman tom cole endorsed compromising and going-over the fiscal cliff. what's he saying now? the minority report, we will get the view from the other side of the aisle with john yarmouth. a look ahead at the president's schedule. you are watching t"the daily rundown" on msnbc. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. [ male announcer ] the bankamericard cash rewards card. is bigger than we think ... sometimelike the flu.fer from with aches, feve
. >> they want that vote on the fiscal cliff. still the employee of the month and thank you so much. next, breaking with boehner. a month ago, oklahoma congressman tom cole endorsed compromising and going-over the fiscal cliff. what's he saying now? the minority report, we will get the view from the other side of the aisle with john yarmouth. a look ahead at the president's schedule. you are watching t"the daily rundown" on msnbc. i love the holidays. and with my bankamericard...
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, just six days until the fiscal cliff. the clock is ticking and it's not just about taxes. ahead, what else is at risk if a deal isn't reached in washington? >>> and the latest on former president george h.w. bush. an update on his condition is next. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time aslee
, just six days until the fiscal cliff. the clock is ticking and it's not just about taxes. ahead, what else is at risk if a deal isn't reached in washington? >>> and the latest on former president george h.w. bush. an update on his condition is next. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. i'm going to dream about that steak. i'm going to dream about...
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we conjured up, greta, we conjured up this fiscal cliff to make us deal with our nation's problems. we are still not going to do it. we are going to go into next year and, yes, the american people should be very disgusted. >> greta: i hold everybody in washington accountable for shoving us off that cliff. we are not falling off it you all are shoving us off it for not doing the job and if there is some deal forged about people who make $250,000 a year or less, it is because no one in this country wants to raise taxes on those people but you there has been some what of a dereliction of duty because you will delay the spending cuts which everyone agrees, are the republicans agree are important, you delay them because you haven't done your work and there is going to be no hammer to your heads to actually sit down and do it. like the immigration think that you are all so hucked up to handle a year ago and haven't done anything about. what in the world would be the -- what would possibly be the threat to you to get these spending cuts handled? >> well, first of all, i don't think that de
we conjured up, greta, we conjured up this fiscal cliff to make us deal with our nation's problems. we are still not going to do it. we are going to go into next year and, yes, the american people should be very disgusted. >> greta: i hold everybody in washington accountable for shoving us off that cliff. we are not falling off it you all are shoving us off it for not doing the job and if there is some deal forged about people who make $250,000 a year or less, it is because no one in this...
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, just six days until the f fiscal cliff. the clock is ticking and it's not just about taxes. ahead, what else is at risk if a deal isn't reached in washington? and the latest on former president bush. an update on his condition is next. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. yes, you could. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can
, just six days until the f fiscal cliff. the clock is ticking and it's not just about taxes. ahead, what else is at risk if a deal isn't reached in washington? and the latest on former president bush. an update on his condition is next. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. omnipotent of opportunity. you know how to mix business... with...
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the question is if you go over the fiscal cliff immediately, next year you start with a lot more option for how to deal with it, rather than just a discussion of income levels. a million-dollar threshold or $250,000 threshold speaker which is what we are all talking about. >> that's exactly right. the travesty has been the line drawn, $250,000 and john boehner working his way towards that in terms of tax cuts. but then not coming to an agreement. it left all of the other areas out there that we haven't dealt with. medicare and other big entitlements. we still don't know the outlines of dealing with discretionary spending. as you said, all those other parts have been like left as we focus on this one fight, a fairly small part of it. heather: thank you for joining us, we will see what happens two hours from now we want washington is on high alert as new photos suggest north korea may be preparing for a nuclear test. we will have the latest on this developing story. heather: and american hero remembered today. storm in norman, the man who led us to victory in the first gulf war. >> i have
the question is if you go over the fiscal cliff immediately, next year you start with a lot more option for how to deal with it, rather than just a discussion of income levels. a million-dollar threshold or $250,000 threshold speaker which is what we are all talking about. >> that's exactly right. the travesty has been the line drawn, $250,000 and john boehner working his way towards that in terms of tax cuts. but then not coming to an agreement. it left all of the other areas out there...
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host: we are asking you to respond what happens next and how the fiscal cliff may impact you personally. good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in "the washington post.' " wayne from alabama. caller: good morning. we're here because the democrats. the democrats signed the bill that put this into action a year ago. it sounds like a two-thirds majority vote of democrats and republicans. everybody wants to point the finger at republicans. do not want to change. it is kind of strange. i think the democrats are getting what they want. they are getting tax increases. the questions are posed here. c-span files in line with what the democrats want. you are asking what we would give up. you are asking the givers. this is all politics. the democrats wanted th
host: we are asking you to respond what happens next and how the fiscal cliff may impact you personally. good morning. caller: good morning. i have heard people talk about the fiscal cliff. i knew the day after the election we have to go over the cliff. republicans forget one thing. democrats won the election. ain't this kind of backwards? what the republicans are proposing is not acceptable. host: this comes from our twitter page. the conversation, twitter.com/cspanwj. the headline in...
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. >>> and also ahead, the surprising impact the fiscal cliff will have on a staple of the american diet. >>> also, later, it is back to the sidelines for an nfl coach whose medical battle has inspired his team and his community. we're going to hear from colts' coach chuck pagano, about his fight with cancer. stay with us. >>> welcome back. you could call it the dairy cliff. there could be some serious sticker shock starting new year's day. you heard wendy mention a little bit about this moments ago. here's more information. the price of milk could double, hitting as much as $8 a gallon, if congress does not take action on the new farm bill. without the bill, the 1949 law would kick in. and that would force the government to pay dairy farmers much higher prices for their milk, pushing costs up all across the board. >>> another day, another upbeat report on the rebounding housing market. sales of new homes jumped 4.4% between october and november. the fastest pace in more than 2 1/2 years. overall, new home sales are up 15% over the past year. >>> and still, with the economy, a sign of th
. >>> and also ahead, the surprising impact the fiscal cliff will have on a staple of the american diet. >>> also, later, it is back to the sidelines for an nfl coach whose medical battle has inspired his team and his community. we're going to hear from colts' coach chuck pagano, about his fight with cancer. stay with us. >>> welcome back. you could call it the dairy cliff. there could be some serious sticker shock starting new year's day. you heard wendy mention a...
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host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the
host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen,...
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we're in the final stretch of the looming fiscal cliff and looking ahead to lawmakers returning to capitol hill tomorrow. that is next on the edge. . >>> what are you doing new year's eve? about a million people will be packed to ring in 2013. he's more on how they're getting ready. >> reporter: already decorated for the holidays, pressed for the world's biggest new year's party are underway in the big apple earlier today, time square alliance officials tested the confetti that will fall after midnight, throwing it out a window on to unsuspecting people on the streets and they will watch the ball drop monday night. the 2013 sign is situated on top of one-time square. it's seven feet tall. after four decades of dick clark helping america ring in the new year, 2013 will be the first celebration following his death. a special with his name and grades on it will be in the ball this year. we spoke with his fe
we're in the final stretch of the looming fiscal cliff and looking ahead to lawmakers returning to capitol hill tomorrow. that is next on the edge. . >>> what are you doing new year's eve? about a million people will be packed to ring in 2013. he's more on how they're getting ready. >> reporter: already decorated for the holidays, pressed for the world's biggest new year's party are underway in the big apple earlier today, time square alliance officials tested the confetti...
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i'm candy crowley in washington with the latest on the fiscal cliff negotiations. there was a big meeting at the white house today between the president and the four leaders, two republicans and two democrats on capitol hill. senator harry reid told reporters afterwards that the next 24 hours would be very important, as he and republican leader mitch mcconnell try to put together something that would pass both of their caucuses, that republicans in the senate would vote for and that democrats in the senate would vote for. and then, of course, it would have to go to the house. now, the majority leader senator reid said he's readying a bill for a vote on monday to prevent a tax hike on incomes up to $250,000. senator reid said his bill will include all of the additional provisions that the president outlined that include long-term unemployment benefits, a continuation of those. that would be sort of the plan b for democrats simply because what they would rather do is get a bill with senator reid working in conjunction with senator mcconnell. senator reid said he's aw
i'm candy crowley in washington with the latest on the fiscal cliff negotiations. there was a big meeting at the white house today between the president and the four leaders, two republicans and two democrats on capitol hill. senator harry reid told reporters afterwards that the next 24 hours would be very important, as he and republican leader mitch mcconnell try to put together something that would pass both of their caucuses, that republicans in the senate would vote for and that democrats...
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we'll see what they have in terms of a fiscal cliff. we have much more as we track this countdown. congressman steny hoyer, tom cole, steve israel all next. first a look at some people behind the scenes at msnbc. i hope you all have a very happy new year. >> happy holidays from "the daily rundown!" >> happy holidays. >> and have a very happy new year. >> happy holidays. >> happy holidays. >> happy new year from "andrea mitchell reports." >> merry christmas. >> merry christmas from "the cycle!" >> happy holidays from the "alex witt" team. >> happy holidays from "up with chris hayes." >> happy holidays! >> merry christmas. happy holidays. >> happy holidays from msnbc. >> happy holidays. >> merry christmas. happy holidays. >> happy holidays from the p.a.s. >> from all of us at msnbc, merry christmas and happy holidays. >> merry christmas. happy holidays. >> merry christmas. happy holidays, everybody. >> hello, team. what a wonderful 2012. i'm looking forward to a fantastic 2013. happy new year. >>> happy new year. the question today. are you ready to go cliff diving? breaking news top
we'll see what they have in terms of a fiscal cliff. we have much more as we track this countdown. congressman steny hoyer, tom cole, steve israel all next. first a look at some people behind the scenes at msnbc. i hope you all have a very happy new year. >> happy holidays from "the daily rundown!" >> happy holidays. >> and have a very happy new year. >> happy holidays. >> happy holidays. >> happy new year from "andrea mitchell reports."...
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plan a no deal and plan b back fire in the final hours before america goes over the fiscal cliff. they are trying to craft a plan c. america's news headquarters live from the nowy nation's capitol starts now. >> hello everyone. we are down to the wire and an impatient president obama is leaning on top lawmakers to cut a deal. senate leaders are rushing to hammer out a last ditch compromise. mike emmanuel is live with the latest on the negotiations. >> hi, molly it is it eye critical window. we are not expecting an announcement today, but they are trying to carve out a deal capable of winning bipartisan support. president obama said the u.s. can't afford a self inflicted wound to our economy. >> fortunate lie congress can prevent it from happening if they act right now. i had a good and constructive discussion with senate and house leadership about preventing the tax hike on the middle class and we should be able to reach an agreement to pass both house necessary time. >> senate leaders can't strike a deal. it would be a plan c. keeping tax cuts for those making $250,000 or less .
plan a no deal and plan b back fire in the final hours before america goes over the fiscal cliff. they are trying to craft a plan c. america's news headquarters live from the nowy nation's capitol starts now. >> hello everyone. we are down to the wire and an impatient president obama is leaning on top lawmakers to cut a deal. senate leaders are rushing to hammer out a last ditch compromise. mike emmanuel is live with the latest on the negotiations. >> hi, molly it is it eye critical...
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. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> so those are the top 10 business stories. join don lemon for the biggest stories of the year in crime, politics, money and the most scandalous. top 10 of 2012 airs sunday night at 8:00 eastern here on cnn. win. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that could be a question of blood
. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> so those are the top 10 business stories. join don lemon for the biggest stories of the year in crime, politics, money and the most scandalous. top 10 of 2012 airs sunday night at 8:00 eastern here on cnn. win. because your daughter really...
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looks good. >> thank you carl. >> see you next time. >>> financials and the fiscal cliff. what is next for the big bank trade after a big run up in 2012? we have sanford bernstein's brad hintz to weigh in. first rick santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in lig
looks good. >> thank you carl. >> see you next time. >>> financials and the fiscal cliff. what is next for the big bank trade after a big run up in 2012? we have sanford bernstein's brad hintz to weigh in. first rick santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the...
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. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we
. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying...
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reporter: at stake, $154 billion in federal farm aid and isop insurance, sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee rice farmer l.g. ronn that his costs are covered when crops are bad or demand drops. you'd be out of it if there was no subsidies? >> i will be looking for another job, absolutely. >> reporter: you just can't make enough money to make a go of it? >> those risks are too great. i could lose it all. if the market... if i plant rice and the market price is $12, and the next four months, it goes down to $6, i've lost a million dollars during that time period. i can't sustain that. e m broke in one year. r. reporter: the farm bill impacts much more than rural america. 80% of the bill's $1 trillion in spending covers food stamps, school lunches, forest conservation, and renewable fuels. >> we're sitting right here in limbo waiting on our lame duck congress to see if actually they will take up and reauthorize the new farm bill. >> reporter: he needs answers soon. the planting season is weeks anna. anna warner, cbs news, eagle lake, texas.
reporter: at stake, $154 billion in federal farm aid and isop insurance, sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee rice farmer l.g. ronn that his costs are covered when crops are bad or demand drops. you'd be out of it if there was no subsidies? >> i will be looking for another job, absolutely. >> reporter: you just can't make enough money to make a go of it? >> those risks are too great. i could lose it all. if the market... if i...
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going over the fiscal cliff, respect senator olympia snowe is saying that it's a bigger sign of a bigger crisis. >> what is deeply troubling is you cannot get congress and the president to reach any agreement on anything. >> the latest on the fiscal cliff negotiations in a few minutes. a 31-year-old woman has been charged with second degree murder as a hate crime in connection with a subway death in new york city. they identified the woman as erica ericamenendez in new york. the victim was a store owner and graphic designer. witnesses described a womani pacing the platform and talking to herself before pushing the victim on the tracks as a train entered the stadium. the video shows a woman running from the scene. a airliner smashed into a highway in russia. four of the crew were killed, no passengers were on board and no one on the highway was injured. it was arriving when it over shot the run way. a lot of celebrating early this morning in portland, maine, the first same sex couple said i do under a new state law that took effect at midnight. they said it's surreal. maine, maryland and
going over the fiscal cliff, respect senator olympia snowe is saying that it's a bigger sign of a bigger crisis. >> what is deeply troubling is you cannot get congress and the president to reach any agreement on anything. >> the latest on the fiscal cliff negotiations in a few minutes. a 31-year-old woman has been charged with second degree murder as a hate crime in connection with a subway death in new york city. they identified the woman as erica ericamenendez in new york. the...
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. >>> just hours away from the fiscal cliff deadline and still no deal. lawmakers called it a day around 7:30 tonight and will be back tomorrow. they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal c
. >>> just hours away from the fiscal cliff deadline and still no deal. lawmakers called it a day around 7:30 tonight and will be back tomorrow. they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal...
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the question is, could it be too late to avoid the fiscal cliff? we'll look into that, a look at the new taxes you could be paying next week. >> clayton: after getting caught an explosion in iraq he was told he would never walk again. now this marine is climbing and will join us live with his incredible story. "fox & friends" hour three begins right now. er. >> clayton: welcome t. hello, hello. >> juliet: this is really a -- i guess this the best set we've ever had nor me. >> clayton: so beautiful. >> kelly: we hope steve, brian and gretchen are enjoying time off. >> clayton: and kelly wright, juliet and clayton in this morning. noise holiday and i'm looking forward to split up 'cause i get the birthday. subtle way to drop a hint. >> juliet: you're working new year's day? >> clayton: yeah, i'll be here. happy new year. >> kelly: and merry christmas if we got to you too late. we're getting a look at president obama who did enjoy a good christmas with his family in hawaii. he's boarding air force one and leaving hawaii. the president is in the air ri
the question is, could it be too late to avoid the fiscal cliff? we'll look into that, a look at the new taxes you could be paying next week. >> clayton: after getting caught an explosion in iraq he was told he would never walk again. now this marine is climbing and will join us live with his incredible story. "fox & friends" hour three begins right now. er. >> clayton: welcome t. hello, hello. >> juliet: this is really a -- i guess this the best set we've ever...
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major, what is the president's next move? >> reporter: it is not a breakthrough but it is a glimmer of hope. officials tell cbs news the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the nation on friday-- raise income taxes for households earning more than $250,000, extend unemployment benefits for those americans out of work for more than six months, and try to find some other means to avert t
major, what is the president's next move? >> reporter: it is not a breakthrough but it is a glimmer of hope. officials tell cbs news the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel...
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Dec 25, 2012
12/12
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new fiscal cliff. a look at the biggest money stories of the year. and later, the ten most intriguing people of twentiy twelve as chosen by you. sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. we actully keep track of how many times this kid picked his nose? hair pulls, stink eyes, man we see eveything. oh, it's the o
new fiscal cliff. a look at the biggest money stories of the year. and later, the ten most intriguing people of twentiy twelve as chosen by you. sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not...
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Jan 1, 2013
01/13
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technically america went over the fiscal cliff a couple hours ago, but despite the near crisis, our next guest says the president could come out of this a winner. >> steve: good morning to you. >> good morning. >> steve: the senate has passed this. now it goes to the house. we don't know if they're going to take it up today or when. technically we have sailed off the fiscal cliff. the big question is, what's the house going to do? >> i think they're going to pass it. you have to remember the house could not pass plan b, which was john boehner's plan to raise taxes on people who make a million dollars. so how in the world would they pass something that's even less than half that, raise taxes on people before 50? you have to remember, all the attention was paid to those republicans who blocked that planned deal. there is 240 republicans in the house. about 40 of them stopped it, which means there were 200 republicans who were ready to vote for plan b. some number of those are going to be ready to vote for this. if john boehner adds their votes to the democrats, i mean, the democrats have g
technically america went over the fiscal cliff a couple hours ago, but despite the near crisis, our next guest says the president could come out of this a winner. >> steve: good morning to you. >> good morning. >> steve: the senate has passed this. now it goes to the house. we don't know if they're going to take it up today or when. technically we have sailed off the fiscal cliff. the big question is, what's the house going to do? >> i think they're going to pass it. you...
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Dec 27, 2012
12/12
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facebook's ipo in fears over the fiscal cliff. we countdown the biggest business stories of the year. it can sti invent things we didn't buy, faster than any technology. number nine, the u.s. stock market despite all the worries about the fiscal cliff, the stock market had a great year. >> number eight. facebook's i pshlpo. investor diagnosis not. trading glitches and questions about the company's ability to make money on mobile users unload the stock which has yet to climb back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo who announced she would take a two-week maternity leave. 37 years old and it looks like a mother's touch is what yao ya hoo needed. >> an intense drought that scorched the corn and soy crop sending prices sky high. who can forget super storm sandy. neighborhoods along the northeast swept away millions without power and damages as high as $50 billion brings in lots of questions about u.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030.
facebook's ipo in fears over the fiscal cliff. we countdown the biggest business stories of the year. it can sti invent things we didn't buy, faster than any technology. number nine, the u.s. stock market despite all the worries about the fiscal cliff, the stock market had a great year. >> number eight. facebook's i pshlpo. investor diagnosis not. trading glitches and questions about the company's ability to make money on mobile users unload the stock which has yet to climb back to the...